Unemployment in region, state rose in December as pandemic worsened
Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura CountyThe tri-county region’s combined unemployment rate shot up from 6% in November to 7.4% in December as a wave of COVID-19 cases brought the most widespread business closures since the spring. The rest of the state suffered a similar fate, with California’s unemployment rate going from 8.1% in November to 9% in December, according to Read More →
Salem Media Group faces new political landscape after Capitol riot
Banking & Finance, Latest news, left, Top Stories, Tri-County Public CompaniesOn Jan. 4, two days before a mob attacked the U.S. Capitol, the conservative activist and radio host Charlie Kirk tweeted that he had helped send “80+ buses full of patriots to DC to fight for this president.” He deleted the tweet after the march on the Capitol turned violent, resulting in the deaths of Read More →
Direct Relief to get share of MacKenzie Scott’s billions
Health Care & Life Science, Latest news, middle, Nonprofits, South Coast, Top Stories, Tri-County EconomyWhen MacKenzie Scott announced recently that she’d given nearly $4.2 billion to charitable organizations in the United States, one of the 384 recipients on her list was Direct Relief, the Santa Barbara-based nonprofit that distributes medical aid all over the world. Direct Relief plans to disclose both the exact amount of the gift and the Read More →
Tri-county unemployment down to 6% in November
Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura CountyUnemployment in the Tri-Counties and all over California hit its lowest levels in November since before the pandemic began, though the latest figures come from surveys taken before the post-Thanksgiving surge in COVID-19 cases and the new round of stay-home orders and business closures. California’s unemployment rate in November was 8.2%, down from 9% in Read More →
Southwest’s next destination: Santa Barbara Airport
Destinations, Latest news, South Coast, Top Stories, Tourism, Tri-County EconomySouthwest Airlines announced Dec. 16 that it plans to start flying out of Santa Barbara Airport in the spring, something airport officials and frequent fliers have wanted for decades. The airline has not said yet which cities it would serve from Santa Barbara, or how often, but airport officials anticipate “several departures a day,” Deanna Read More →
Westlake Village BioPartners puts $500 million into new venture funds
East Ventura County, Health Care & Life Science, Latest news, Small Business, Startups, Technology, Top Stories, Tri-County EconomyWestlake Village BioPartners, a venture capital firm focused on biotech startups in the Conejo Valley and the rest of greater Los Angeles, launched two new funds Dec. 15 worth a total of $500 million. The first fund is $70 million and will be used for Series B or later financing into companies that Westlake Village Read More →
Dive boat captain indicted on 34 manslaughter charges
Latest news, Law & GovermentThe captain of the dive boat Conception, which was destroyed last year in a fire in the Santa Barbara Channel that killed 34 people, was indicted Dec. 1 by a federal grand jury on manslaughter charges. Jerry Nehl Boylan, 67, of Santa Barbara, faces 34 charges of “seaman’s manslaughter,” and each charge carries a maximum Read More →
